To amortize a loan, use the table above as an example: 1  Note your starting loan balance: $20,000. 2  Figure out the payment (calculation shown on this page): $377.42. 3  Figure out the interest charge for each period â usually monthly (calculation shown on this page): $83.33 in the first month.
$104.3 million less in dividend payments after buying back shares. Apple now has 861.74 million shares outstanding, a significant drop from just one quarter ago when it had 892.55 million outstanding shares. The company's stock buyback program acquired 31.7 million shares in the March quarter, and will retire them.
Here's the scoop. Microsoft's $150 million investment netted the company 150,000 shares of preferred stock, convertable to common shares of Apple stock at a price of $8.25, redeemable after a three year period. By 2001, Microsoft had converted all of its shares into common stock, netting the company approximately 18.1 million shares.